Price Perkins Services

Retirement Planning
Retirement planning is the preparation for life after paid work ends, not just financially but in all aspects of life. The non-financial aspects include such lifestyle choices as how to spend time in retirement, where to live, when to completely quit working, etc.  Price Perkins' holistic approach to retirement planning considers all of these areas.

We have a long track record of assisting clients with the strategic development of a successful retirement plan. This systematic method includes identifying sources of income, estimating expenses, implementing a savings program and managing assets.  Our retirement planning services include the management and monitoring of investment vehicles such as IRAs, Roth IRAs, Inherited IRAs, IRA Rollovers, 401K Plans.

Asset Management
Asset management is a discipline used to maintain and grow a variety of investment vehicles, such as stocks, bonds, mutual funds, fee based accounts, and annuities.

  • Stocks
    A type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.
  • Bonds
    A bond is a type of asset that is actually a debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate. Bonds are used by companies, municipalities, states and U.S. and foreign governments to finance a variety of projects and activities. Bonds are commonly referred to as fixed-income securities and are one of the three main asset classes, along with stocks and cash equivalents.

  • Mutual Funds
    Mutual funds are a type of investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual funds are operated by money managers, who invest the fund's capital and attempt to maximize capital gains and income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.

  • Fee Based Accounts
    A fee based account is a type of investment account in which the advisor's compensation is based on a set percentage of the client's assets instead of on commissions.

  • Annuities
    An annuity is a financial product sold by financial institutions that is designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time. Annuities are primarily used as a means of securing a steady cash-flow for an individual during their retirement years.  Annuities can be structured to provide fixed periodic payments to the annuitant or variable payments. The different ways in which annuities can be structured provide individuals seeking annuities the flexibility to construct an annuity contract that will best meet their needs.

Life Insurance
Life insurance is used as a protection against the loss of income that would result if the insured passed away. The goal of life insurance is to provide a measure of financial security for your family after you die. So, before purchasing a life insurance policy, you should consider your financial situation and the standard of living you want to maintain for your dependents or survivors. For example, who will be responsible for your funeral costs and final medical bills? Would your family have to relocate? Will there be adequate funds for future or ongoing expenses such as daycare, mortgage payments and college?

It is prudent to re-evaluate your life insurance policies annually or when you experience a major life event like marriage, divorce, the birth or adoption of a child, or purchase of a major item such as a house or business. Life insurance can be a critical tool in ensuring the standard of living for your family and helps guard against the damaging financial circumstances that can be caused by the estate tax or an untimely death.

Long Term Care Insurance
Long Term Care Insurance (LTC) is coverage that provides nursing-home care, home-health care, personal or adult day care for individuals with a chronic or disabling condition that needs constant supervision. We are experienced in helping clients find the appropriate Long Term Care plan that works for them, their budget, and fits in with their overall financial plan.

 College Planning
529 plans, named for the Congress enacted Section 529 of the Internal Revenue Code, were designed to help families prepare for college expenses. This is a tax-deferred program as long as the funds and earnings are used for college and higher education costs.  For more in depth detail regarding these plans, please contact our office directly.